Jane Street Group LLC Cuts Stock Holdings in First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV)

Jane Street Group LLC trimmed its stake in shares of First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV) by 39.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 24,658 shares of the company’s stock after selling 16,380 shares during the period. Jane Street Group LLC owned 1.54% of First Trust Intermediate Government Opportunities ETF worth $515,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. grew its stake in shares of First Trust Intermediate Government Opportunities ETF by 8.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 144,110 shares of the company’s stock worth $2,881,000 after buying an additional 11,579 shares in the last quarter. VitalStone Financial LLC purchased a new position in shares of First Trust Intermediate Government Opportunities ETF in the 3rd quarter worth $362,000. Truist Financial Corp grew its stake in shares of First Trust Intermediate Government Opportunities ETF by 8.7% in the 2nd quarter. Truist Financial Corp now owns 144,110 shares of the company’s stock worth $2,881,000 after buying an additional 11,579 shares in the last quarter. Sigma Planning Corp grew its stake in shares of First Trust Intermediate Government Opportunities ETF by 7.4% in the 3rd quarter. Sigma Planning Corp now owns 61,302 shares of the company’s stock worth $1,279,000 after buying an additional 4,207 shares in the last quarter. Finally, Commonwealth Financial Services LLC purchased a new position in shares of First Trust Intermediate Government Opportunities ETF in the 3rd quarter worth $22,067,000.

First Trust Intermediate Government Opportunities ETF Price Performance

Shares of NYSEARCA:MGOV opened at $19.82 on Monday. The firm has a fifty day simple moving average of $20.05 and a two-hundred day simple moving average of $20.36. First Trust Intermediate Government Opportunities ETF has a 52 week low of $19.47 and a 52 week high of $21.13.

First Trust Intermediate Government Opportunities ETF Profile

The First Trust Intermediate Government Opportunities ETF (MGOV) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that mainly invests in U.S. Treasury and mortgage-related securities MGOV was launched on Aug 2, 2023 and is issued by First Trust.